700 Prairie Park Ln SE (Status: Available) 8250000

700, Prairie Park Ln, Yelm, WA  98597

Neil Walter Company is pleased to present the fee simple acquisition of the Prairie Hotel in Yelm, WA.Sale price of $8,250,000 which includes the business value and FF&E inventory.A unique investment opportunity for an owner-operator/investor to acquire the only hotel in Yelm, consisting of 67 rooms between two buildings on 3.44 acres.Locally owned and operated by the original developer, with a successful track record of historical sales data that has exceeded pre-pandemic levels in both ADR and occupancy. The property showcases strong pride of ownership!

Listing Details

Asset Class: Hotel/Motel
Year Built: 1993
Building Total Square Feet: 38409
Available Lease Space Square Feet: 38409
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: C-1

Listing Courtesy of: NWC – KV LLC

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.